In 1996, in a documentary called The Money Masters, we asked the question why is America going broke. It wasn’t clear then that we were, but it is today. Now the question is how can we get out of this mess. Foreclosures are everywhere, unemployment is skyrocketing – and this is only the beginning. America’s economy is on a long, slippery slope from here on. The bubble ride of debt has come to an end.

What can government do? The sad answer is – under the current monetary system – nothing. It’s not going to get better until the root of the problem is understood and addressed. There isn’t enough stimulus money in the entire world to get us out of this hole. Why? Debt. The national debt is just like our consumer debt – it’s the interest that’s killing us.

Though most people don’t realize it the government can’t just issue it’s own money anymore. It used to be that way. The King could just issue stuff called money. Abraham Lincoln did it to win the Civil War. No, today, in our crazy money system, the government has to borrow our money into existence and then pay interest on it. That’s why they call it the National Debt. All our money is created out of debt. Politicians who focus on reducing the National Debt as an answer probably don’t know what the National Debt really is. To reduce the National Debt would be to reduce our money – and there’s already too little of that.

The economy of the U.S. is in a deflationary spiral. Nothing can stop it — except monetary reform.

No more national debt. Nations should not be allowed to borrow. If they want to spend, they have to take the political heat right away by taxing.

No more fractional reserve lending. Banks can only lend money they actually have.

Gold money is NOT the answer. Historically gold ALWAYS works against a thriving middle class and ALWAYS works to create a plutocracy.

The total quantity of money + credit in a national system must be fixed, varying only with the population.

Abraham Lincoln saw our current crisis approaching from 1864. It’s time we all learned our history, so we can predict the future.

“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money-power of the country will endeavor to prolong it’s reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.”

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Jim Marrs is a former newspaper journalist and a best-selling author with focus on conspiracies and cover-ups.

He’s written “Crossfire”, “Alien Agenda”, “Rule by Secrecy” and “The Terror Conspiracy”. His latest books are “The Rise of the Fourth Reich” and “The Trillion-Dollar Conspiracy”.

In this program, Red Ice Radio in Sweden pans across the geopolitical spectrum and discuss criminal banks, how trillions of dollars went down the drain in bailouts, the history of the United States and the emerging global Corporate Socialist Dictatorship (this is a system where profits are privatized and losses are socialized).

Red Ice Radio also talks about the Wikileaks distraction, Julin Assange, the control of the media and the attempts to control the internet.

The TSA are now terrorizing Americans and visiting tourists, haven’t the so called “terrorists” achieved their objective?